ALEXANDRIA, Va. (2/18/16)--The National Credit Union Administration board will vote today on finalizing the agency’s member business lending (MBL) rule, a rule providing much-needed flexibility for credit unions. The proposed rule would completely overhaul the NCUA’s MBL regulation by removing almost all requirements not in the Federal Credit Union Act.
ALEXANDRIA, Va. (2/18/16)--CUNA is seeking comments on the National Credit Union Administration’s five-year draft strategic plan. CUNA will accept comments until March 24. The NCUA’s comment period for the strategic plan ends April 4.
ALEXANDRIA, Va. (2/17/16)--Comments on the 2016 list of National Credit Union Administration's review of regulations are due to the agency by Aug. 8, according to the agency's Office of General Counsel.
ALEXANDRIA, Va. (2/17/16)--The internal control environment of the National Credit Union Administration's Asset Management and Assistance Center restitution orders process needs improvement, according to an internal audit.
ALEXANDRIA, Va. (2/16/16)--The 2016 National Credit Union National Administration operating fee schedule was sent to federal credit unions last week, including an enclosed chart to help each credit union calculate the exact dollar amount of its operating fee.
ALEXANDRIA, Va. (2/11/16)--Credit unions and their members can share money-saving tips and information on building financial security during a Twitter chat scheduled by the National Credit Union Administration on Feb. 16.
ALEXANDRIA, Va. (2/10/16)--National Credit Union Administration Chair Debbie Matz and Consumer Financial Protection Bureau Director Richard Cordray were joined Tuesday by their agencies' staff to answer credit union questions in a 90-minute webinar.
ALEXANDRIA, Va. (2/8/16)--There’s still time to register for Tuesday’s webinar featuring National Credit Union Administration Chair Debbie Matz and Consumer Financial Protection Bureau Director Richard Cordray.
ALEXANDRIA, Va. (2/4/16)--In its first four months operating under conservatorship, New York City-based Montauk CU has taken several steps to address safety and soundness issues, according to the National Credit Union Administration.
CUNA compliance staff has received a number of questions in recent weeks regarding Internal Revenue Service W-9 forms and taxpayer identification numbers. A recent CompBlog entry lists some of those frequently asked questions, along with answers.
CUNA is concerned with a report on consumer testing used by the CFPB to analyze periodic statement forms for consumers in bankruptcy, but concurs with some of its findings. The bureau issued a report in February on its study.